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    Home » Gov. Okowa urges FG to arrest rising cost of cooking gas

    Gov. Okowa urges FG to arrest rising cost of cooking gas

    November 22, 2021
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    Cooking gas

    Asaba — Delta State governor, Dr Ifeanyi Okowa, has urged the Federal Government to take action on arresting the rising cost of the Liquefied Petroleum Gas, LPG, popularly known as cooking gas, in the country.

    The governor spoke on Monday at the two-day LPG sensitisation and awareness campaign organised by the National LPG Expansion Plan, Office of the Vice President and the State Government in Asaba.

    The event had as theme, “Stimulating Delta State Socioeconomic Growth Through LPG Adoption And Expansion.”

    Governor Okowa, who was represented by the Chief Economic Adviser, Dr Kingsley Emu, pointed out the need for greener sources of energy in view of the adverse environmental impacts of fossil fuel and the current campaign to distance the world from its usage.

    “Just recently, world leaders gathered in Glasgow, Ireland, in a Summit (COP-26) to dicuss the adverse effects of climate change occasioned by the use of fossil fuels and the need to move towards cleaner energy.

    “This makes the adoption of LPG as a transition fuel to greener sources exigent, and Delta State is keen to play a vital role in this process and will give this awareness programme maximum support,” he said.

    He, however, noted the high cost of the commodity in the country, saying: “As we adopt LPG as the fuel to drive the socio-economic activities of the economy, we must acknowledge a big challenge currently confronting the populace, the issue of high price of LPG in the market.

    “At the rate the price is skyrocketing, LPG is gradually getting out of the reach of the middle class and common man.

    “The price increase has been linked to several factors including the VAT re-introduction, devaluation of the naira and large importation of LPG vis-a-vis low production locally.

    “It is imperative that policy makers find a way to mitigate this upward trend in the price of LPG to give succour to our people and if the goals of the LPG expansion plan is to be realised.”

    The governor urged investors to take advantage the business opportunities offered by the LPG and enter the business to improve the availability of commodity in the market.

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